Cheap Homes for Rent near Fairmont City, IL from $400 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Fairmont City.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
property at 210 N 17th St

$850 - $950

Studio To 1 Bedroom Rentals

Available Now

210 N 17th St

St. LouisMO63103

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
property at 5415 Dresden Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Home for Rent

Available Now

5415 Dresden Ave

St. LouisMO63116

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-40, Page 1 of 1

Fairmont City, IL Local Guide

Cheapest Available Fairmont City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairmont City, IL is a 1 Bed unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $641. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Fairmont City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collins Terrace Apartments1 Bedroom Small1BR,1BA$641
Downtowner ApartmentsStudioStudio,1BA$775
Parsons Place2 Bdrm Garden, 885 SqFt, Tax Credit, 40% AMI2BR,1BA$801
Preservation Square1 Bdrm Garden, 669 SqFt, Tax Credit, 60% AMI1BR,1BA$850
The Gentrys Landing ApartmentsStudio UnfurnishedStudio,1BA$855
Grace Lofts1 Bed 1 Bath1BR,1BA$950
The Ely Walker Lofts1 Bedroom | 1 Bathroom2BR,1BA$950
The ShelbyPapinStudio,1BA$965

Best Value Apartments for Rent in Fairmont City, IL and Nearby

As of July 09, 2026 the best value apartment in the Fairmont City area is the $0.94 price per square foot 1101 Lucas Ave Model at 1101 Lucas Ave, Unit #200 in the in the Lafayette Square neighborhood starting from $3,100. The second greatest value Fairmont City apartment is the 2 Bedroom 2 Bath Model at Roberts Galerie Lofts starting at $1,500 with a $0.80 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Fairmont City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1101 Lucas Ave, Unit #2001101 Lucas Ave1BR,1BA$0.94
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Vangard LoftsBee Hat B62BR,2BA$0.98
Pointe 400 ApartmentsOne Bedroom1BR,1BA$1.02
Fashion Square IB12BR,1BA$1.15
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Leather TradesOne Bedroom Loft1BR,1BA$1.00
Grace Lofts1 Bed 1 Bath1BR,1BA$1.02
Preservation Square2 Bdrm Garden, 889 SqFt, Tax Credit, 60% AMI2BR,1BA$1.12
1728 Saint Louis Ave, Unit 17281728 Saint Louis Ave2BR,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fairmont City, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Fairmont City, IL

View Map
Fairmont City, IL Apartments Map
View Map
Fairmont City, IL Rental Homes Map

Frequently Asked Questions about Fairmont City

What type of rentals are currently available in Fairmont City?

There are currently 183 Apartments for Rent in Fairmont City, IL with pricing that ranges from $641 to $7,935. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmont City ranging from $400 to $3,100.

What is the current price range for Rental Homes in Fairmont City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmont City ranges from $400 to $3,100 with an average monthly rent of $1,275.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.